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Vecon Engineering Belgium

Active
Private limited companyfounded 20233 yrs activeKoning Boudewijnlaan 20A, 3500 Hasselt, BelgiumKBO/BCE: BE 0805.839.178
Summary

Vecon Engineering Belgium has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,614 and a net result of €42,614. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability73
Solvency42
Growth-
Track record79
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.46; short-term debt: 68.3% and cash: 35.4% of total assets), and 82.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
17.3%
Return on assets
14%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 d early
2024
104 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 68 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Vecon Engineering Belgium was incorporated on 14 September 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€52,614
Total assets
€304,008
Net result
€42,614
Working capital
€96,347

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €304,008
Equity €52,614
Debt €251,393
Debt finances 82.7% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.46
Debt to equity
4.78
ROE
81.0%
ROA
14.0%
Debt ≤ 1 year
€207,661
Debt > 1 year
€39,333
Income taxes
€27,722
Staff costs
€502,074

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€304,008
Current assets29/58€304,008
Amounts receivable within one year40/41€195,794
Trade receivables40€188,884
Other amounts receivable41€6,910
Cash at bank and in hand54/58€107,668
Deferred charges and accrued income490/1€546
Equity and liabilities
Total equity and liabilities10/49€304,008
Equity10/15€52,614
Contributions10/11€10,000
Reserves13€42,614
Distributable reserves133€42,614
Amounts payable17/49€251,393
Amounts payable after more than one year17€39,333
Financial debts170/4€39,333
Amounts payable within one year42/48€207,661
Current portion of amounts payable after more than one year42€8,667
Trade debts44€38,644
Suppliers440/4€38,644
Taxes, remuneration and social security45€158,751
Taxes450/3€93,087
Remuneration and social security454/9€65,663
Other amounts payable47/48€1,600
Accrued charges and deferred income492/3€4,399
Income statement Code2024
Remuneration, social security and pensions62€502,074
Other operating charges640/8€309
Gross operating margin9900€574,525
Operating profit (loss)9901€72,142
Financial income75/76B€35
Recurring financial income75€35
Financial charges65/66B€1,841
Recurring financial charges65€1,841
Profit (loss) for the period before taxes9903€70,337
Income taxes67/77€27,722
Profit (loss) for the period9904€42,614
Profit (loss) for the period to be appropriated9905€42,614
Appropriation of the result
Profit (loss) to be appropriated9906€42,614
Transfer to equity691/2€42,614
To other reserves6921€42,614

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€502,074
Other operating charges640/8€309
Gross operating margin9900€574,525
Operating profit (loss)9901€72,142
Financial income75/76B€35
Recurring financial income75€35
Financial charges65/66B€1,841
Recurring financial charges65€1,841
Profit (loss) for the period before taxes9903€70,337
Income taxes67/77€27,722
Profit (loss) for the period9904€42,614
Profit (loss) for the period to be appropriated9905€42,614
Line2024
Assets
Total assets20/58€304,008
Current assets29/58€304,008
Amounts receivable within one year40/41€195,794
Trade receivables40€188,884
Other amounts receivable41€6,910
Cash at bank and in hand54/58€107,668
Deferred charges and accrued income490/1€546
Equity and liabilities
Total equity and liabilities10/49€304,008
Equity10/15€52,614
Contributions10/11€10,000
Reserves13€42,614
Distributable reserves133€42,614
Amounts payable17/49€251,393
Amounts payable after more than one year17€39,333
Financial debts170/4€39,333
Amounts payable within one year42/48€207,661
Current portion of amounts payable after more than one year42€8,667
Trade debts44€38,644
Suppliers440/4€38,644
Taxes, remuneration and social security45€158,751
Taxes450/3€93,087
Remuneration and social security454/9€65,663
Other amounts payable47/48€1,600
Accrued charges and deferred income492/3€4,399
Line2024
Profit (loss) for the period9904€42,614
Operating cash flow (approximation)€42,614

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,766 m²
Building footprint
984 m²
Volume, LiDAR
7,855 m³
Parcel 71323C0286/00F002, Flanders · tallest building 21.6 m, ±2 floors. Linked by address, not a title deed.
110 companies at this address See who is registered here
1 establishment unit
Vecon Engineering Belgium
Koning Boudewijnlaan 20A, 3500 HasseltEngineering and related technical consultancy, excluding land surveyors
since 20232.349.696.722
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0286/00F002 Flanders 3,766 m² 1 · 984 m² 21.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 244 EUR awarded · 244 EUR paid
Year Entries awardedpaid
2025 1 244 EUR244 EUR
Schemes
1 entry · 244 EUR · 244 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,567 companies in sector 71121 we hold annual accounts for 6,567. 4,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805839178
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.